Supervalu Eyes Improvements

After posting a 6.8% drop in fourth-quarter comparable-store sales last week and declining traffic volumes, Supervalu here projected that sales will recover in the second half of the fiscal year as its new executive team implements new strategies. This is a long-term process for us, and there is no one-quarter fix, said Craig Herkert, who took over as president and chief executive officer

MINNEAPOLIS — After posting a 6.8% drop in fourth-quarter comparable-store sales last week and declining traffic volumes, Supervalu here projected that sales will recover in the second half of the fiscal year as its new executive team implements new strategies.

“This is a long-term process for us, and there is no one-quarter fix,” said Craig Herkert, who took over as president and chief executive officer nearly a year ago.

The company said its comp-store decline for the

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